According to a Wednesday statement, Japan's three largest banks—Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Banking Corp., and Mizuho Bank—established a joint council on June 10 to develop a framework for issuing a yen-denominated stablecoin by the end of FY2026. The banks signed a

According to official announcement, MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation (SMBC) signed a memorandum of understanding on June 10, 2026, to jointly issue a yen stablecoin. The banks target live commercial transactions by fiscal year 2026, which ends March 31, 2027,

Japan's three largest banks—MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation—established a council to develop operational frameworks for jointly issuing a stablecoin by March 2027. The stablecoin will be issued under a trust agreement, with the three banks serving as joint settlors an

Japan's three financial giants—Mitsubishi UFJ Bank (MUFG), Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank—have agreed to jointly issue a yen-pegged stablecoin within fiscal year 2026, with a March 2027 deadline. The alliance is backed by Japan's Financial Services Agency under its

According to MetaversePost, Japan's three megabanks — MUFG, SMBC, and Mizuho — announced today (June 09) the formation of a dedicated council to govern the joint issuance of a fiat-pegged stablecoin, advancing the FSA-backed pilot project to the formal implementation phase ahead of fiscal

According to Nikkei, Japan's three largest banks—Sumitomo Mitsui, Mizuho, and MUFG—plan to jointly issue stablecoins pegged to the yen in fiscal 2026, on June 9. The banks have established a coordination mechanism to advance real-world use cases and operational frameworks. They are expected to

According to The Japan Times, Japan's government and three of the country's largest banks—MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corp.—have gained access to Anthropic's Claude Mythos for cybersecurity defense as of June 3. The model, designed for defensive cybersecurity work including l

According to ChainCatcher, stablecoin payment platform NALA has secured a $50 million credit facility from Liquidity through Mars Growth Capital, a joint venture between NALA and Japan's Mitsubishi UFJ Bank (MUFG). The funds will support development of NALA's stablecoin payment infrastructure and d

According to TechFundingNews, stablecoin payments firm NALA has secured $50 million credit line funding through its joint venture Mars Growth Capital with Japan's MUFG Bank, sourced from Liquidity. The funds will support development of stablecoin payment infrastructure and expand cross-border paymen

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